Free Daily Podcast Summary
All Else Equal: Making Better Decisions: Daily Summaries Delivered
by The Lauder Institute
Join Stanford GSB finance professor Jonathan Berk and Jules van Binsbergen of The Wharton School in a conversation with prominent business leaders about common flaws in the decision making process and what to do about them. Learn more at AllElseEqualPodcast.com.All Else Equal: Making Better Decisions Podcast is a production of Stanford Graduate School of Business and is produced by University FM.
Latest Episodes
The most recent episodes — sign up to get AI-powered summaries of each one.
- 2 days ago37 min
Ep82 “Should NFL Teams Be More Aggressive on Fourth Down?” With David Romer
A central tenant in economic theory is that in competitive markets, firms should be optimizing. If they aren’t competitive pressures drive them out of business. But what about the NFL? Two decades ago, UC Berkeley economist David Romer discovered that NFL coaches where not implementing the optimal strategy when deciding whether or not to go for it on fourth down. On this episode, he joins hosts and finance professors Jonathan Berk and Jules van Binsbergen to discuss the implications of his landmark study on fourth down strategy in the NFL. In this conversation, they discuss what the math reveals about going for it on fourth down. David also chats about why teams were initially slow to take up his findings, and how fourth down strategy has evolved in recent years with the uptick in data analytics staffers in the league. Find All Else Equal on the web: https://lauder.wharton.upenn.edu/allelse/All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
- 2 weeks ago49 min
Ep81 “The New (New) Future of AI” with Michal Kosinski
The leaps and bounds made in AI in just the last three years have surprised even the experts, so hosts and finance professors Jonathan Berk and Jules van Binsbergen thought it might be time for another prophetic conversation about the future of this technology. Three years after their last conversation about AI with him, Jonathan and Jules sit down with Michal Kosinski, strategy and management professor at the University of Hong Kong. In this interview, they revisit some of their predictions from three years ago, arguing progress in large language models is dramatic but increasingly invisible to users. They also delve into big questions around why AI feels human and whether AI will one day “domesticate” humans. Listen to our previous conversation with Michal on AI: https://www.professors.fm/episodes/ep27-the-future-of-ai-with-michal-kosinski Find All Else Equal on the web: https://lauder.wharton.upenn.edu/allelse/ All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
- Oct 7, 202623 min
Ep80 Will Climate Change Really Lower Economic Growth?
Much of the literature on how climate change will impact GDP estimates that the economic will be very large. Moreover, the estimates vary widely, with some studies predicting catastrophic economic consequences of global warming. Are those estimates reasonable?Hosts and finance professors Jonathan Berk and Jules van Binsbergen have written a new paper with Stanford research fellow Cem Kozanoglu called Permanent Climate Change and GDP. In their study, they examine the long-term effects of climate change on economic activity by looking at the effect on individual productivity of choosing to move within the US, and come up with the surprising result that existing estimates may grossly overstate the economic cost of permanent climate change. On this episode, Jonathan and Jules discuss their research findings, including addressing why current research methods might not accurately measure the effect on GDP of climate change and why internal migration patterns in the U.S. might be a better alternative approach to estimating the economic effect of climate change. Show Links: Permanent Climate Change and GDP by Jonathan Berk, Jules H. van Binsbergen, and Cem Kozanoglu Find All Else Equal on the web: https://lauder.wharton.upenn.edu/allelse/ All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
- Sep 23, 202634 min
Ep79 How to Make Your University’s Board of Trustees More Useful
With mounting pressure on the higher education system in the U.S., how can a university’s board of trustees make a difference in combating some of the issues these institutions face? Hosts and finance professors Jonathan Berk and Jules van Binsbergen are back for a new season of the All Else Equal podcast, and in this episode they identify the major issues universities face today analyze the underlying root causes. They close the episode by explaining how board of trustees be more effective in solving the problems. Jonathan and Jules go through each level of stakeholder at a university, including their incentives and how those incentives could be in conflict with a university’s core mission. They also list five most questions a board of trustees should ask to shed light on the issues. Find All Else Equal on the web: https://lauder.wharton.upenn.edu/allelse/ All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
- Sep 9, 202627 min
Rerun: Ep66 When (and When Not) To Listen to Investment Advice
All Else Equal is taking a short break over the summer and will be revisiting some of our favorite conversations from last season. The show will be back with new episodes soon.Solicited or not, advice on where to invest your money seems to be around every corner these days. But determining whether the advice is credible and worth listening to can be challenging. On this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen put sources of investment advice to the test and provide listeners with some guidance on how to judge the credibility of someone’s stock picks. They also discuss private investing and the potential risk of getting in on the ground floor as an angel investor. Find All Else Equal on the web: https://lauder.wharton.upenn.edu/allelse/ All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
- Aug 26, 202628 min
Rerun: Ep71 “The Working From Home Revolution” with Nick Bloom
All Else Equal is taking a short break over the summer and will be revisiting some of our favorite conversations from last season. The show will be back with new episodes soon. When the pandemic hit in 2020, working from home skyrocketed. Six years later, many companies have returned to in-person work, but hybrid models are still the dominant structure. So with WFH here to stay in some form, what’s the proper balance? And what are we at risk of losing in the long term with less in-office interaction? Nick Bloom is an economics professor at Stanford University and one of the first researchers to take a serious look at the work from home phenomenon. He joins hosts and finance professors Jonathan Berk and Jules van Binsbergen to discuss his research into why working from home has outlasted COVID precautions, its impact on employee performance, the surprising effects its had on birthrates, and his recommendation to companies on striking the perfect balance with a hybrid structure. Find All Else Equal on the web: https://lauder.wharton.upenn.edu/allelse/ All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
- Aug 13, 202633 min
Rerun: Ep73 “The Dangers of Group Think on Decision Making” with Adi Sunderam
All Else Equal is taking a short break over the summer and will be revisiting some of our favorite conversations from last season. The show will be back with new episodes soon. Whether it be in politics, public health, or corporate finance, why are people more likely to interpret facts or data in a way that fits their preconceived notions about the world as opposed to searching for the fundamental truth? A new paper from the Harvard Business School called, Sharing Models to Interpret Data (by Joshua Schwartzstein and Adi Sunderam) studies the propensity for people to adopt interpretations to data based on their community’s beliefs, and why this can lead to less accurate conclusions. Hosts and finance professors Jonathan Berk and Jules van Binsbergen are joined by the paper’s co-author Adi Sunderam, who is a professor of corporate finance at Harvard Business School, a research associate at the National Bureau of Economic Research, and a co-editor of the Journal of Finance. The conversation covers the complexity of Bayesian updating and how the process is improperly deployed in today’s thinking, not only in corporate decision-making but also on a sociological level. They also discuss Sunderam’s model for explaining how people interpret data, why people are more likely to fall into group-belief dynamics, and if there are any interventions that would lead to better decision-making. Read Adi Sunderam and Joshua Schwartzstein’s paper: Sharing Models to Interpret Data Find All Else Equal on the web: https://lauder.wharton.upenn.edu/allelse/ All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
- Jul 29, 202624 min
Rerun: Ep69 “The Science Behind Why We Don’t Just Say What We Mean” with Psychologist Steven Pinker - Part 2
All Else Equal is taking a short break over the summer and will be revisiting some of our favorite conversations from last season. The show will be back with new episodes soon. In the final part of this two-part interview, Steven Pinker, an experimental psychologist and Harvard professor, again joins hosts and finance professors Jonathan Berk and Jules van Binsbergen to discuss his new book When Everyone Knows That Everyone Knows: Common Knowledge and the Mysteries of Money, Power, and Everyday Life. In this episode, Jonathan and Jules break down more revelatory examples from Steven’s book that demonstrate how common knowledge is a first order explanatory variable for how humans behave. They also explore the role common knowledge plays in financial markets, particularly when it comes to speculative trading, and examine common knowledge in an academic freedom sense, highlighting the del Find All Else Equal on the web: https://lauder.wharton.upenn.edu/allelse/ All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Get All Else Equal: Making Better Decisions summaries in your inbox
Free AI-powered daily recaps. Key takeaways, quotes, and mentions — in a 5-minute read.
Get Free Summaries →Free forever for up to 3 podcasts. No credit card required.
You Might Also Like
Podcasts in similar categories.
The Jamie Kern Lima Show
Entrepreneur Jamie Kern Lima interviews experts and celebrities about overcoming self-doubt and building self-belief.
Coffeez with Joe Shalaby
Conversations with entrepreneurs, investors, and cultural figures reveal the real strategies, struggles, and costs behind success.
Unblinded with Sean Callagy
A legally blind entrepreneur shares insights on ethical influence, peak performance, and mastering hidden patterns in business and life.
The Money Mondays
Business discussions on investments, side hustles, and entrepreneurship with experts, athletes, and influencers in personal settings.
The Code To Winning
Interviews with business leaders, entrepreneurs, and CEOs reveal strategies and insights for success in the modern business world.
The Room Podcast
Tech founders and funders share behind-the-scenes stories from pivotal moments in their careers.
Marketplace
Explains daily business and economic news with context, interviews, and global reporting for listeners without financial expertise.
Prof G Markets
Daily market news and analysis on earnings, geopolitics, Big Tech, and AI with clear, no-jargon insights.
About All Else Equal: Making Better Decisions
Join Stanford GSB finance professor Jonathan Berk and Jules van Binsbergen of The Wharton School in a conversation with prominent business leaders about common flaws in the decision making process and what to do about them. Learn more at AllElseEqualPodcast.com.All Else Equal: Making Better Decisions Podcast is a production of Stanford Graduate School of Business and is produced by University FM.
Customized Recaps
AI-powered recaps with compact key takeaways, quotes, and insights.
Straight to Your Inbox
Get key takeaways from All Else Equal: Making Better Decisions in a 5-minute read.
Save Hours Every Week
Stay current on your favorite podcasts without falling behind.
Frequently Asked Questions
What is Podzilla's All Else Equal: Making Better Decisions daily summary?
It's a free AI-powered email that summarizes new episodes of All Else Equal: Making Better Decisions as soon as they're published. You get the key takeaways, notable quotes, and links & mentions — all in a quick read.
How does the All Else Equal: Making Better Decisions podcast summary work?
When a new episode drops, our AI transcribes and analyzes it, then generates a personalized summary tailored to your interests and profession. It's delivered to your inbox every morning.
Is this an official All Else Equal: Making Better Decisions product?
No. Podzilla is an independent service that summarizes publicly available podcast content. We're not affiliated with or endorsed by The Lauder Institute.
Can I get summaries of other podcasts too?
Absolutely! The free plan covers up to 3 podcasts, any in the catalog. Basic raises that to 15, Pro to 40 and Max to 100. Browse our full catalog at /podcasts.
How often does All Else Equal: Making Better Decisions release new episodes?
All Else Equal: Making Better Decisions publishes biweekly. Our AI generates a summary within hours of each new episode.
What topics does All Else Equal: Making Better Decisions cover?
All Else Equal: Making Better Decisions covers topics including Business, Management, Investing. Our AI identifies the specific themes in each episode and highlights what matters most to you.
Start getting All Else Equal: Making Better Decisions summaries tomorrow morning.
Free forever for up to 3 podcasts. No credit card required.
Free forever for up to 3 podcasts. No credit card required.